Australian S&P Global PMI Final for May Services 50.6 preliminary was 50.5 prior 51.0 Composite 50.5 preliminary was 50.6 prior 51.0 — — From the report, Jingyi Pan, Economics Associate Director at S&P Global Market Intelligence: “Growth in the Australia service sector slowed midway through the second quarter of 2025, according to the latest S&P […]
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing
US Indices, which have started the day mixed, have appreciated this morning’s JOLTS report. The data came out better than expected, with 7,391M Job Openings vs 7,200 Expected, a rise of 191,000 on the month. This data set is still proving the strength of US Data amid geopolitical uncertainties. Sentiment is positive throughout markets as
GBP/USD trades flat on Tuesday, holding within Monday’s range near 1.3520. BoE Governor Bailey sees rates moving lower but warns of increased uncertainty. A split within the MPC signals a cautious, data-driven rate path ahead. The British Pound (GBP) is trading flat against the US Dollar (USD) on Tuesday, edging slightly lower from its intraday
2025.06.03 2025.06.03 10 Day Trading Patterns for Beginners Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ There are many different day candlestick trading patterns used in intraday trading on Forex. In this article, we will analyze popular patterns for stock markets, which can also be applied to various complex instruments, for example, currency and cryptocurrency pairs. Day traders often use them
Xinhau reports that China’s top diplomat met with the US ambassador and said he hopes the US official will promote healthy, steady, sustainable ties. I think you have to take the existence of a meeting as a good sign that they will get to a point where Trump and Xi can have a call and
The currency markets remain largely listless today, with all major pairs and crosses still trapped within last week’s ranges. Euro edged slightly lower following the release of Eurozone CPI data, which showed inflation falling below the ECB’s 2% target for the first time since September last year. The core measure also softened notably, reinforcing the
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
Key events shaping global market sentiment As global markets navigate heightened trade tensions and shifting monetary policies, two pivotal events are set to influence investor sentiment this week: the European Central Bank (ECB) policy meeting on Thursday, 5 June, and the US non-farm payrolls (NFP) report on Friday, 6 June. Adding to the mix, China
The USD/JPY price analysis shows strength in the yen after Ueda’s comments. The BoJ will hike rates if the economy re-accelerates. Data revealed soft business activity in the US manufacturing sector. The USD/JPY price analysis shows strength in the yen after BoJ’s Ueda said the central bank would hike rates if growth re-accelerates. At the
According to the Organisation for Economic Cooperation and Development (OECD) the global economy is expected to grow more slowly this year, with growth predicted to be 2.9% in both 2025 and 2026, compared to 3.3% last year. The OECD cited growing uncertainty on the back of US trade policies under the Trump administration as a
First the US, and now China Within the past 24 hours we have seen signs of slowing activity in both the US and China, though yet another tariff pause extension (more TACOs, anyone?) supported sentiment. Yesterday’s US Institute of Supply Management (ISM) Purchasing Managers’ Index (PMI) fell for a third consecutive month, indicating shrinking activity
2025.06.03 2025.06.03 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 03.06.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price continues to rise in the final part of the bullish impulse. The recommendation is
Eurostoxx +0.2% Germany DAX +0.2% France CAC 40 +0.2% UK FTSE +0.3% Spain IBEX flat Italy FTSE MIB -0.1% It’s a bit of catching up to the late bounce in Wall Street but any optimism there is balanced out by a slight drop as well in US futures today. S&P 500 futures are down 0.35%
Global markets remain mixed, reflecting a cautious investor mood amid heightened trade uncertainty and a lack of clear directional drivers. US stocks closed modestly higher overnight, reversing losses from earlier in the session. Asian equities broadly followed the rebound, seemingly brushing off disappointing Chinese manufacturing data. The overall tone, however, remains indecisive, with no strong
